WASHINGTON - Ways and Means Committee Ranking Member Sander Levin (D-MI) issued the following statement regarding the February jobs report:
“Our economy continues to show its resilience, spurred by the Administration’s sound economic policy. But the accelerated pace of growth that our economy needs is threatened by the sequester and the unwillingness of Republicans to consider a balanced approach to deficit reduction. The sequester’s impact may not yet be plain to see, but the outlook is deeply unsettling for our economy, with the nonpartisan Congressional Budget Office estimating 750,000 fewer jobs as a result. It is not too late to take action to replace it."